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bitcoinist.com Japan’s Largest Banks Eye FY2026 Stablecoin Rollout Amid Regulatory Push

As Japanese financial authorities push to expand the yen-based digital asset market, three megabanks have advanced their joint stablecoin plans by establishing a council to develop the framework for issuing the token this fiscal year. Related Reading: Japan’s SBI Bank Expands Crypto Push With BTC, ETH, XRP Rewards Program For Depositors Megabanks Advance Joint Stablecoin […]

cryptobriefing.com Jules Koundé suffers muscle injury ahead of World Cup opener, raising questions for Barcelona fan token holders

Kound's injury could impact Barcelona's squad depth and transfer strategies, potentially influencing $BAR fan token market dynamics. The post Jules Koundé suffers muscle injury ahead of World Cup opener, raising questions for Barcelona fan token holders appeared first on Crypto Briefing.

cryptobriefing.com Iran closes Strait of Hormuz as US tensions escalate, Bitcoin-backed insurance enters the picture

The closure of the Strait of Hormuz could trigger global economic instability, heightening energy market volatility and geopolitical tensions. The post Iran closes Strait of Hormuz as US tensions escalate, Bitcoin-backed insurance enters the picture appeared first on Crypto Briefing.

cryptobriefing.com Azteca Stadium’s $300M World Cup makeover arrives alongside FIFA’s new crypto partnership with Kraken

The Azteca Stadium renovation and FIFA's partnership with Kraken highlight the growing influence of crypto in global sports marketing. The post Azteca Stadium’s $300M World Cup makeover arrives alongside FIFA’s new crypto partnership with Kraken appeared first on Crypto Briefing.

forklog.media Meta Removes Facial Recognition Feature from Smart Glasses After Controversy

Meta has removed facial recognition components from the latest version of the Meta AI app for smart glasses. This action followed an investigation published by WIRED. Journalists discovered a hidden NameTag system in the app's code for smart glasses. It allowed the creation of unique biometric profiles of individuals captured by the device. The program stored images and indexed faces without users' knowledge. Meta representatives called the investigation "inaccurate," but later released an update. The new version removed libraries for identification, folders for storing processed photos, and notifications of successful recognition. Meta's CTO Andrew Bosworth previously stated that a final decision on implementing the technology had not been made. However, the code contained references to plans to launch the system during a "dynamic political environment" when privacy concerns might be less prominent. Civil rights advocates from the ACLU criticized the company's actions. They argue that the covert inclusion of such code underscores the need for strict legislative regulation of biometric data collection. Currently, only a few references to the system remain in the app's debug menu. Meta declined to answer WIRED's questions about the reasons for the code's removal. In March, a class action lawsuit was filed against Meta for allegedly sending intimate footage captured by smart glasses to contractors in Kenya. 

news.bitcoin.com Nasdaq-Listed Fold Sells $45M in Bitcoin, Clears $20M Debt and Frees Cash for Expansion

Fold Holdings recently sold $45 million in bitcoin and used the proceeds to pay off $20 million in bitcoin-collateralized loans. Debt Elimination and Liquidity Boost The Nasdaq-listed bitcoin financial services company, Fold, disclosed that it monetized approximately $45 million of bitcoin at an average price of about $71,000 per bitcoin. From the proceeds, Fold repaid […]

cryptobriefing.com Jacob Ward: AI subtly manipulates human choices, our brains distort reality, and prioritizing Earth over space colonization is essential | Jordan Harbinger

AI's subtle influence on human choices raises ethical concerns about technology's impact on decision-making. The post Jacob Ward: AI subtly manipulates human choices, our brains distort reality, and prioritizing Earth over space colonization is essential | Jordan Harbinger appeared first on Crypto Briefing.

forklog.media BizLink to Acquire AI Data Center Component Supplier

BizLink Holding has signed an agreement to acquire Singapore's Interplex Datacom for $850 million. The deal also includes up to $50 million in contingent compensation. Interplex Datacom produces components for data center infrastructure, including interconnections and precision mechanical solutions for server racks. BizLink aims to strengthen this segment amid growing demand for AI infrastructure in Asia.

blockonomi.com Bithumb CEO Booked as Bribery Suspect Over Alleged Job Favor for South Korean Lawmaker’s Son

TLDR: Seoul police booked Bithumb CEO Lee Jae-won as a bribery suspect following job favor allegations.  Lawmaker Kim Byung-kee allegedly solicited his son’s Bithumb employment at a November 2024 dinner.  Police suspect Kim targeted rival exchange Dunamu legislatively in exchange for the employment favor.  A second Bithumb aide, Mr. A, is also under scrutiny for [...] The post Bithumb CEO Booked as Bribery Suspect Over Alleged Job Favor for South Korean Lawmaker’s Son appeared first on Blockonomi.

cryptobriefing.com Jacob Krempel: Baldor prioritizes quality over quantity in food distribution, flexible pricing strategies help restaurants manage costs, and produce prices face volatility due to weather and demand | Odd Lots

Rising romaine prices and Florida freezes threaten restaurant budgets amid volatile produce markets. The post Jacob Krempel: Baldor prioritizes quality over quantity in food distribution, flexible pricing strategies help restaurants manage costs, and produce prices face volatility due to weather and demand | Odd Lots appeared first on Crypto Briefing.

cryptobriefing.com Luke Gromen: The physical world will disrupt financial markets soon, gold and Bitcoin signal turbulence ahead, and the Fed’s upcoming meeting is crucial for rate policy | Forward Guidance

Rising US deficits and interest rates threaten to destabilize the bond market, challenging the Fed's strategies. The post Luke Gromen: The physical world will disrupt financial markets soon, gold and Bitcoin signal turbulence ahead, and the Fed’s upcoming meeting is crucial for rate policy | Forward Guidance appeared first on Crypto Briefing.

cryptobriefing.com Saudi Arabia condemns Iranian attacks on Jordan, Bahrain, Kuwait as crypto markets brace for volatility

Heightened geopolitical tensions risk destabilizing regional security and global markets, amplifying volatility in interconnected sectors. The post Saudi Arabia condemns Iranian attacks on Jordan, Bahrain, Kuwait as crypto markets brace for volatility appeared first on Crypto Briefing.

bitcoinist.com CLARITY Act Hits New Roadblock As Ethics Agreement Collapses In Senate Talks

The CLARITY Act has run into another hurdle as senators from both parties wrestle with ethics language tied to the already delayed crypto market structure bill.  Eleanor Terrett of Crypto In America reported that Democratic senators left a Tuesday meeting disappointed when Republicans walked back elements they had previously reached in negotiations, an outcome that […]

blockonomi.com Bitcoin Tests 200-Week Moving Average as ETF Holders Face Record Losses

TLDR: Bitcoin is trading near $62,730, testing the 200WMA for the first time this cycle. ETF holders face roughly 14% unrealized losses with cost basis near $72,400.  An estimated $10.5 billion has exited Bitcoin ETFs since October 12.  Realized Price near $53K–$54K is the next key level if the 200WMA fails.  Bitcoin is testing a [...] The post Bitcoin Tests 200-Week Moving Average as ETF Holders Face Record Losses appeared first on Blockonomi.

forklog.media Raydium Liquidity Pool Hacked for $1.34 Million

The decentralized exchange Raydium reported an attack on the liquidity pool of its outdated Legacy AMM V3 program. Hackers managed to withdraw assets worth $1.34 million. Raydium is aware of an exploit involving unauthorized removal of liquidity from its legacy AMM V3 program which was previously phased out in 2021. No current users of Raydium are affected by this exploit or would have been able to interact with these pools through the UI since…— Infra | Raydium (@0xINFRA) June 10, 2026 According to the developers, the main users of the platform were not affected. After AMM V3 was decommissioned in 2021, access to the pools through the exchange interface was closed. The attackers stole about 150,000 RAY, 5,600 SOL, and nearly 900,000 USDC. The exploit affected the Sollet USDT-RAY, Sollet ETH-RAY, RAY-SOL, USDC-RAY, and SRM-RAY pools. Project representatives linked the vulnerability to insufficient validation of liquidity token issuance, which allowed bypassing the proportion checks. Raydium stated that the current pools are unaffected but are undergoing a separate security audit. “The attacker was able to create new coins and use them as LP tokens, bypassing the intended proportion checks. All other programs on Raydium's main network use a virtual offering mechanism for verification […], preventing this class of vulnerabilities,” the team clarified. The team promised to compensate affected users for their losses from the treasury. As reported by PeckShieldAlert analysts, the hacker has already started laundering the funds. They moved the stolen assets from the Solana network to Ethereum and then directed them to crypto mixers.  Source: X/PeckShieldAlert. Earlier, on June 8, unknown individuals compromised wallets associated with the Humanity Protocol project. The damage was estimated at approximately $31 million. 

cryptobriefing.com Jordi Visser: AI demand may outstrip supply, a fundamental shift from labor to compute is underway, and we’re entering an unprecedented super cycle of capital expenditure | Raoul Pal

AI demand outpacing supply could create bottlenecks, reshaping business cycles and driving innovation. The post Jordi Visser: AI demand may outstrip supply, a fundamental shift from labor to compute is underway, and we’re entering an unprecedented super cycle of capital expenditure | Raoul Pal appeared first on Crypto Briefing.

forklog.media Tether Invests in Robot Developer NEURA Robotics

German company NEURA Robotics raised up to $1.4 billion in a Series C funding round. Investors include Tether, Nvidia, Amazon, and Qualcomm. The funds will be used to develop a "physical AI" platform and mass-produce humanoid robots. By 2030, the startup plans to release several million machines. NEURA is developing the Neuraverse ecosystem, where robots exchange skills and learn in real-world conditions. Unlike specialized industrial machines, the company's developments are designed to work alongside humans in domestic, medical, and logistics settings. Source: NEURA. Tether plans to integrate decentralized payment solutions into the robots. Using the Wallet Development Kit tools will allow the machines to conduct financial transactions autonomously, without intermediaries. Tether CEO Paolo Ardoino noted that infrastructure must evolve alongside robotics. According to him, autonomous machines need the ability to make decisions and conduct transactions independently. According to a press release, NEURA's order book exceeds $1 billion. The project will also open NEURA Gyms training centers to teach AI algorithms to interact with the physical world. In May, Keenon Robotics launched the humanoid robot XMAN-L1 for service scenarios.

forklog.media BitMine Acquires $41 Million in ETH

On June 10, BitMine Immersion Technologies purchased approximately $41 million in ETH, continuing to expand its position as the largest corporate holder of Ethereum reserves. As of June 7, these reserves were valued at 5,543,872 ETH, or 4.59% of the total supply of the second-largest cryptocurrency by market capitalization. The company identifies ETH as its primary reserve asset and aims to increase its share to 5% of the Ethereum supply. Earlier in June, it also issued 3.5 million perpetual preferred Series A shares with a 9.5% annual dividend; net proceeds are estimated at approximately $273.8 million.